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Past Summit Resources

Future of Manufacturing | Global Lighthouse Network
03:13

Future of Manufacturing | Global Lighthouse Network

The World Economic Forum's Global Lighthouse Network brings together 44 of the most advanced factories in the world that are showing leadership in applying technologies to drive financial and operational impact at scale. Learn how these factories are connecting value chains end-to-end, preparing workforce and optimizing processes towards a more sustainable and inclusive future. Learn more at: https://www.weforum.org/projects/global_lighthouse_network The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomi... YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconom... Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/worl... TikTok ► https://www.tiktok.com/@worldeconomic... Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #Davos
Is Red & Green Really Lean? Color Coding & Bowling Charts vs. Process Behavior Charts
12:48

Is Red & Green Really Lean? Color Coding & Bowling Charts vs. Process Behavior Charts

Practice session for a talk given April 26, 2021 by Mark Graban at the Central Coast Lean Virtual Summit 2021: BUILD BACK LEANER In the context of metrics for Lean management, are we continuing to improve and evolve? Are we stuck in the “way I was taught” or “the way we’ve always done it”? If so, should we aspire to do better? We can. Many organizations use a method for displaying metrics that’s often called “bowling charts.” Can we really see statistically meaningful “trends” in a long list of numbers? If we color code each number as red or green, some say we can tell if we’re “winning or losing” – but are we improving? Are we really improving? In this talk, Mark Graban introduces a method, “Process Behavior Charts,” that is almost 100 years old. It’s not outdated, it’s proven. Process Behavior Charts help us distinguish between “signal” and “noise” in our metrics. They help us better evaluate our attempted improvements. They help us react less, lead better, and improve more.
Future of Manufacturing | Global Lighthouse Network
03:13

Future of Manufacturing | Global Lighthouse Network

The World Economic Forum's Global Lighthouse Network brings together 44 of the most advanced factories in the world that are showing leadership in applying technologies to drive financial and operational impact at scale. Learn how these factories are connecting value chains end-to-end, preparing workforce and optimizing processes towards a more sustainable and inclusive future. Learn more at: https://www.weforum.org/projects/global_lighthouse_network The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomi... YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconom... Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/worl... TikTok ► https://www.tiktok.com/@worldeconomic... Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum #Davos
Is Red & Green Really Lean? Color Coding & Bowling Charts vs. Process Behavior Charts
12:48

Is Red & Green Really Lean? Color Coding & Bowling Charts vs. Process Behavior Charts

Practice session for a talk given April 26, 2021 by Mark Graban at the Central Coast Lean Virtual Summit 2021: BUILD BACK LEANER In the context of metrics for Lean management, are we continuing to improve and evolve? Are we stuck in the “way I was taught” or “the way we’ve always done it”? If so, should we aspire to do better? We can. Many organizations use a method for displaying metrics that’s often called “bowling charts.” Can we really see statistically meaningful “trends” in a long list of numbers? If we color code each number as red or green, some say we can tell if we’re “winning or losing” – but are we improving? Are we really improving? In this talk, Mark Graban introduces a method, “Process Behavior Charts,” that is almost 100 years old. It’s not outdated, it’s proven. Process Behavior Charts help us distinguish between “signal” and “noise” in our metrics. They help us better evaluate our attempted improvements. They help us react less, lead better, and improve more.
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